Block used script which was overinflated to buy APT which was arguably overinflated.
On a relative basis one could argue no value was destroyed. APT has continued to grow and contributed growing gross profit for the business, however the exact metrics aren't stripped out. They never have been.
APT has lost some ground to affirm in the states it seems, due to their shopify lock up.
It's virtually impossible to make any current value judgments about the transcation today.
Ann: Annual Report for year ended December 31, 2023, page-19
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Last
$96.01 |
Change
-1.170(1.20%) |
Mkt cap ! $4.085B | |||
| Open | High | Low | Value | Volume |
| $95.80 | $96.14 | $95.60 | $7.596M | 79.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $96.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $96.06 | 70 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |